Reserves Based Lending: A Viable Financing Option for Independents and Smaller Oil Companies (Part 1)

The enactment of the Nigerian Content Act in April 2010 and the divestment by Shell Petroleum Development Company of a number of its acreages are two recent events that have led to the increase in alliances in the Nigerian oil and gas sector. Such alliances have primarily been between two (2) or more indigenous Nigerian exploration and production companies, on the one hand, and between indigenous Nigerian companies and their foreign affiliates, on the other hand. Add your comment
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